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Retail Property (high street) for sale

£800,000

Kirkdale Road London

Key features:

  • freehold investment
  • £65,100 p.a.
  • 4 commercial properties
  • 11 flats ground rent
  • good location

Full description:

Presenting the freehold investment for sale for four commercial properties next to each other in a parade in Kirkdale Road.


The shops are leased out and producing a total income of £64,000 and their are 11 flats sold on long leaseholds producing a ground rent of £1,100.

Flats: 150 years from 01-01-1995 doubling every 25 years.

a. Ground floor shop Newsagents. Lease 12 years from 26-03-2006. Rent reviews every 4 years. Current rent £10,000 p.a.

Gross frontage: 3.75m
Net frontage:3.55m
shop frontage: 9.10m
Built depth: 13.80m
Basement: 36 sqm

b. Ground floor shop: Off license/grocery. Lease 20 years from 14-11-2003. Rent review every 5 years.Current rent: £25,000 p.a.

Groos frontage: 7.45m
Net frontage: 8.75m
Shop & built dept: 21.45m
Basement: 135 sqm

c. Ground floor shop: Hospice. Leasae 10 years from 1-12-2006. Rent review every 5 years. Current rent £14,500 p.a.

Gross frontage: 6.90m
Net frontage: 8.4m
Shop & built dept: 21.45m
Basement: 79.5sqm

d. Ground floor shop: Book shop. Lease 12 years from 25-06-1999. Current rent rent: £14,500 p.a.

Groos frontage 4.35m
Net Frontage: 4.05m
Shop depth 18m
Built dept: 21.15m
Basement: 43sqm

For further information please call the Commercial
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To view this property or request more details, contact Capital Homes, London
1 Turnpike Lane, London, N8 0EP
020 3324 7712  Local call rate

Disclaimer

Property reference 590. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Capital Homes, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.


Capital Homes, London

1 Turnpike Lane, London, N8 0EP

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